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    15676 412 Hwy Lexington, TN 38351

    For Sale
    $275,000

    Turnkey Restaurant/Bar on 1.5 Acres

    Property size:
    2,496 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Prime investment opportunity: This fully equipped, 2,496 sq ft restaurant and bar in Lexington, Tennessee is available for $275,000. Located on 1.5 acres (50,094 sq ft) of land at 15676 Highway 412 East, this single-story, 1975-built establishment boasts a prime location. Currently the only seafood market/restaurant in Henderson County, it offers significant income potential. The sale includes all furnishings, equipment, and inventory, a comprehensive list of which is available upon request. This turnkey operation features a commercial dishwasher, two 10x10 walk-in coolers (one freezer, one cooler), a flat-top char grill, two deep fryers, numerous stainless steel work stations and sinks, three refrigerators, one free-standing freezer, and a large double outdoor wood smoker. All serving and cooking utensils, tables, chairs, booths, and rolling stock inventory are included. The property and land may be purchased separately from the furnishings and inventory. This is a rare opportunity to acquire a thriving business in a desirable location. The property is zoned for retail use.

    Property Features for 15676 412 Hwy

    General Information

    Property type
    Restaurants
    Square Feet
    2,496 SF

    Building Details

    Year Built
    1975
    Stories
    1

    HighLights

    • Prime investment opportunity: 2,496 sq ft restaurant & bar on 1.5 acres in Lexington, TN, asking $275,000.
    • Located at 15676 Highway 412 East, this single‑story, 1975‑built building is zoned for retail.
    • Turnkey operation includes all FF&E (full list available).
    • Features extensive commercial kitchen equipment including walk‑in coolers, grills, fryers, and a smoker.
    • Currently the only seafood market/restaurant in Henderson County, offering high income potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Lexington
    County
    Henderson
    State
    Tennessee
    Longitude
    -88.3478459
    Latitude
    35.6363118

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant/Bar on 1.5 Acres
    Where is this restaurant located?
    The property is located at 15676 412 Hwy Lexington, TN.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Prime investment opportunity: 2,496 sq ft restaurant & bar on 1.5 acres in Lexington, TN, asking $275,000.; Located at 15676 Highway 412 East, this single-story, 1975-built building is zoned for retail.; Turnkey operation includes all FF&E (full list available).
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    Lexington, TN 38351
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15676 412 Hwy Lexington, TN 38351
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